Chief Financial Officer is responsible for developing an organization's overall financial policies. Provides strategic direction of all financial functions including accounting, budget, credit, insurance, tax, and treasury. Being a Chief Financial Officer ensures that proper financial controls are in place and that financial transactions support the overall business strategy while conforming with applicable laws and regulations. Requires an advanced degree. Additionally, Chief Financial Officer may require the Certified Public Accountant (CPA) credential. Typically reports to chief executive officer (CEO) or chief operating officer (COO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
GENERAL FUNCTION:
Under the immediate supervision of the CEO, executes and manages the financial and accounting processes for a smaller, established, and growing company in the Columbia, SC metropolitan area. The person will have the ability to architect teams, process, and structure to support growth. The CFO must have ability to navigate and support our efforts to obtain capital to grow. Initial title would be Controller with a desire to see the selected person promoted to Chief Financial Officer. Included would be a 33 – 50% bonus potential, car allowance, and cell phone expense. Benefits are available immediately as well.
SPECIFIC RESPONSIBILITIES:
Finance / Accounting
· Oversees accounts payable, accounts receivable, cash requirements and check processing.
· Handles and reconciles all checking accounts and credit card accounts.
· Participates in period-end closing process.
· Prepares and maintains internal reporting.
· Tracks and reports on operational performance benchmarks and actual results for weekly scorecard. Performs trend analysis on bench marking data.
· Maintains internal accounting controls to ensure professional and secure handling of company’s finances.
· Serves as finance office liaison with closing attorney, contract administrator and customers for deposits, wires, HUD postings, etc.
· Manages the accounting software for the company.
· Creates, manages, and continually improves the rebate program with company vendors.
· Responsible for the prototyping process, VPO’s, change orders and uploading job-specific POs to QuickBooks.
Executive Oversight
SKILL REQUIREMENT:
· Strong interpersonal skills to articulate and professionally handle communication with customers, employees and vendors and treat all stakeholders with respect and consideration.
· Accounting and Finance ability to maintain accurate records, schedules, and financial statement accuracy.
· Computer aptitude and willingness to learn to process needed data and to communicate via reports, spreadsheets, and other written communication.
· Ability to hold confidential information that is proprietary to the management of the company.
ACCOUNTABILITY MEASUREMENTS:
· Timeliness in processing cost adjustments and ancillary worksheets to management for decision making.
· Net operating profitability at goal with a sliding scale
· HR systems in place for quarterly growth review and incentive program calculations complete for each position.
· Cash management skills to control interest expense to goal and to ensure interest income form cash float to goal or better with a sliding scale measurement.
· Leverage of Capital to support growth.
SUPERVISES: Admin, Accounting, HR